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December 15, 2011 Vancouver, Canada - Fire River Gold Corp. [TSX.V: FAU| OTCQX: FVGCF| FSE: FWR]
(the "Company") is pleased to announce the appointment of Mr. Brent
Timmons as Vice President of Finance and Chief Financial Officer. Mr.
Timmons, a Certified Public Accountant, is a financial executive with 16
years experience. He was the past Vice President and Controller of
Brigus Gold Corp. (formerly, Apollo Gold Corporation) where he led a
team of financial professionals ensuring SEC and TSX regulatory
compliance and timely and accurate filings under Canadian GAAP, US GAAP,
and IFRS. Mr. Timmons earned his Master of Accountancy and Bachelor of
Science, Accounting from Brigham Young University, Provo, Utah in 1995.
Richard Goodwin, President of the Company
says, "I am delighted with the appointment of Mr. Timmons as Vice
President of Finance and CFO. With his solid financial background in the
mining industry, Mr. Timmons will be a key asset as we grow the Company.
This is an important step in strengthening our management team."
The Board would also like to thank our
prior CFO, Mr. Robert Guanzon, for his contribution to the Company and
we wish him well in his future endeavours.
The Company has granted incentive stock options to Mr. Timmons and an
additional employee of the Company under its stock option plan for the
acquisition of an aggregate 350,000 common shares of the company at a
price of $0.25 per Common share. Such options will vest over a one year
term and will expire on December 15, 2016.
On behalf of the Board of Directors,
"Richard Goodwin"
Richard Goodwin
President and COO
Certain information regarding the Company
including management's assessment of future plans and operations, may
constitute forward-looking statements under applicable securities laws
and necessarily involve risks associated with mining exploration and
development, volatility of prices, currency fluctuations, imprecision of
resource estimates, environmental and permitting risks, access to labour
and services, competition from other companies and ability to access
sufficient capital. As a consequence, actual results may differ
materially from those anticipated in the forward-looking statements. A
feasibility study has not been completed and there is no certainty the
disclosed targets will be reached nor that the proposed operations will
be economically viable. Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of
this release. We seek safe harbour.
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